South Korea Will Introduce 20% Tax On Bitcoin Profits In 2022
After a lot of debates and discussions, South Korea seems to have set a hard date for the introduction of crypto taxation. The latest reports indicate that the country will ...
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Tag: Taxation
US Congressmen Want IRS to Balance Innovation with Taxation in Cryptocurrencies
Four US Congressmen are urging the Internal Revenue Service (IRS) to create a taxation policy that does not dissuade taxpayers from participating in the crypto industry. The US can drive ...
Yahoo Japan’s Subsidiary Invested Into Crypto-related Company
Z Corporation, a renowned subsidiary of Yahoo Group plans to invest in Aerial Partners, a company that primarily deals with crypto taxes. Aerial Partners acquired 180 million yen (about $1.62 ...
How Donating Cryptos Can Help You Save on Taxes
The price of Bitcoin has dwindled for the most part of 2018. The plunges have prompted several investors to cash in on their assets to avoid further losses. Nonetheless, the ...
French Legislators are Proposing to Lower Taxes on Bitcoin Gains
According to reporter Myriam Rivet France’s finance lawmakers in lower house of parliament in Paris backed plans on Wednesday to to lower taxes on Bitcoin gains, bringing it in line ...
South Korea’s Biggest Exchanges to Spearhead a New Concept in Other Asian Countries
South Korea-based cryptocurrency exchanges have plans to spearhead a new concept to promote in other Asian countries. Investors in the country have used the term “Kimchi Premium” to illustrate the ...
US Congressional Committee Calls IRS to Clarify Cryptocurrency Tax Guidance
An official letter by US committee on September 19 asks Internal Revenue Service (IRS) to clarify cryptocurrency tax codes. The letter points IRS commissioner David Kautter urges to publish clear ...
Ministry of Finance Lithuania Released ICO guidelines: “Crypto Economy is Here to Stay”
Yesterday, June 11th, Ministry of Finance Lithuania released it's first ICO guidelines. Document was initiated by Lithuania Minister of Finance Vilius Šapoka and covers various topics such as Initial coin offering ...